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and agreed to with speaker boehner back in 2011. now president obama is saying he want mrs. revenue. he wants $1.6 trillion. but that's big progress and you don't have to raise the top rate to get there. >> stephen: okay, what happens next? do we go over the cliff? does this happen before the cliff or after the cliff? or do we make the deal as we're plunging towards the red sox. >> if we go over the cliff then suddenly grover norquist's pledge becomes inoperative. >> oh! so he's powerless. it's like someone guessed his name and sent him back to the forest. (laughter) well, please come back when we find out what happens. >> absolutely. >> stephen: thank you so much. reihan salam, "the grand new party." we'll be rig (cheers and applause) >> stephen: welcome back, everybody! my guest tonight is a legendary singer/song writer who has composed over 3,000 songs. i'll ask her if one of them was "gangnam style." (laughter) please welcome dolly parton! (cheers and applause) what a pleasure, thank you so much for coming on. >> okay! >> stephe
and agreed to with speaker boehner back in 2011. now president obama is saying he want mrs. revenue. he wants $1.6 trillion. but that's big progress and you don't have to raise the top rate to get there. >> stephen: okay, what happens next? do we go over the cliff? does this happen before the cliff or after the cliff? or do we make the deal as we're plunging towards the red sox. >> if we go over the cliff then suddenly grover norquist's pledge becomes inoperative. >> oh! so...
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Dec 4, 2012
12/12
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even as he is negotiating down the other end of pennsylvania avenue, as you say with president barack obama, the speaker making that $800 billion proposal yesterday, but that is not sitting very well conservatives up here on capitol hill. take a look at this statement from senator jim demint of south carolina, conservative republican. he said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more while not reducing our $16 trillion debt by a single penny. that's jim demint you can the con s -- the conservative senator. i talked to mitch mcconnell, the republican leader up here. he didn't seem as bothered by the boehner proposal. he told me i'm glad that they are at least talking and harry reid said something very interesting to me, the democratic senate leader. he said that boehner might be in a position now where he has to choose between keeping the speakership and protect country, very tough stakes from harry reid, really putting you the pressure on speaker boehner. tyler? >> we are hearing word that potentially new senato
even as he is negotiating down the other end of pennsylvania avenue, as you say with president barack obama, the speaker making that $800 billion proposal yesterday, but that is not sitting very well conservatives up here on capitol hill. take a look at this statement from senator jim demint of south carolina, conservative republican. he said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more while not reducing our $16...
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Dec 7, 2012
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team obama and team boehner are back at the negotiating table. but there is still substantial disagreement on tax rates, tax revenues, domestic spending and entitlement reform and the clock is ticking. speaking of tax hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becomi
team obama and team boehner are back at the negotiating table. but there is still substantial disagreement on tax rates, tax revenues, domestic spending and entitlement reform and the clock is ticking. speaking of tax hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>>...
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that deal was nixed by speaker john boehner almost as soon as it was offered ultimately republicans are against the wall whether they like it or not the bush tax cuts are expiring at the end of the year now the only question left is what will republicans attempt to take. you for these tax cuts expire it could be extended unemployment benefits for more than two million americans which are set to expire at the end of the year as well and if republicans tie up these benefits and also be standing in the way of hundreds of thousands of jobs being created at least that's the conclusion of a new report by the. nonpartisan congressional budget office c.d.o. estimates the just the simple act of extending unemployment benefits beyond the end of the year will provide much needed relief to two point one million jobless americans and it will also create three hundred thousand jobs after all that's how economics works americans their money in their pockets to spend that spending creates jobs consumers of the ultimate job creators conversely the c.b. overs released a report earlier this year concludin
that deal was nixed by speaker john boehner almost as soon as it was offered ultimately republicans are against the wall whether they like it or not the bush tax cuts are expiring at the end of the year now the only question left is what will republicans attempt to take. you for these tax cuts expire it could be extended unemployment benefits for more than two million americans which are set to expire at the end of the year as well and if republicans tie up these benefits and also be standing...
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Nov 30, 2012
11/12
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president obama has no interest in reducing the size of the federal government. now democrats before him he's dangling the prospect of future budget cuts in the hopes republicans will take the bait. with that in mind, it's important to remember the words of president ronald reagan, he wrote them in his own autobiography, and described in great deal a deal he struck with the democrats in 1980s, promising $3 in spending cuts for every dollar in a tax increase. reagan wrote, the democrats reneged on their pledge and we never got those cuts. perhaps that's why some on the right are calling foul on these negotiations. >> the only secret talks have revealed, a government that skips from one crisis to the next. all of this secrecy allows the president to petition himself frankly and being in favor of a balanced plan. that's what he said, i favor a balanced plan. basically it increases taxes to fuel more spending. that's what the plan is. the white house plans to raise taxes to expand government. that's not acceptable. >> sean: republicans, i hope you're listening. joini
president obama has no interest in reducing the size of the federal government. now democrats before him he's dangling the prospect of future budget cuts in the hopes republicans will take the bait. with that in mind, it's important to remember the words of president ronald reagan, he wrote them in his own autobiography, and described in great deal a deal he struck with the democrats in 1980s, promising $3 in spending cuts for every dollar in a tax increase. reagan wrote, the democrats reneged...
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tonight, speaker boehner's response to the white house response, saying it's up to the president to come up with a plan. allen west is here. good evening. >> good evening. >> your thoughts, apparently the white house is unimpressed with the proposal by the speakert and white house republicans? >> i think the white house needs to do case studies, calvin coolidge and president john f. kennedy, when you look at what they did with lowering tax rates and increase revenues. calvin coolidge went from 73% to 24%. john f. kennedy from 91% to 71%. they increased revenues. we are not talking about what the president is looking at with his wealth redistribution, we are talking about wealth expansion, economic growth and sound policies to do that. if you want to continue to believe that $250,000 makes someone rich, you are going to crush the small business owners who run at subchapter "s," llcs and we are talking about capital gains from 15 to 25%. that will affect investment. we are talking about dividends from 15 to thirty four 33.44%. death tax to a 55% bracket and the minimum exemption from $5 mi
tonight, speaker boehner's response to the white house response, saying it's up to the president to come up with a plan. allen west is here. good evening. >> good evening. >> your thoughts, apparently the white house is unimpressed with the proposal by the speakert and white house republicans? >> i think the white house needs to do case studies, calvin coolidge and president john f. kennedy, when you look at what they did with lowering tax rates and increase revenues. calvin...
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Dec 5, 2012
12/12
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this deal will only get done by president obama and john boehner making a deal. they came close in the summer of 2011. the parties are so polarized and partisans polarized this is a problem. >> i keep saying we need a presidential historian or hostage negotiator. somebody could say we've been at stalemates before, gotten over it, shut down the government in '96. tip o'neill and ronald reagan managed to solve problems and get along. listen to what john mccain said about what we need here. >> it's time now to sit across the table from one another, rather than -- in the way they did with ronald reagan and the way you get things done in washington. >> the way they did with ronald reagan and get things done in washington. you sit together and figure it out. they were at a holiday party they didn't talk to each other. they're issuing sort of statements and rebuttals and saying i'm not going to budge. >> negotiation by press release. this is not how things get done in washington and part of the problem of the growing incivility in washington. people don't work together
this deal will only get done by president obama and john boehner making a deal. they came close in the summer of 2011. the parties are so polarized and partisans polarized this is a problem. >> i keep saying we need a presidential historian or hostage negotiator. somebody could say we've been at stalemates before, gotten over it, shut down the government in '96. tip o'neill and ronald reagan managed to solve problems and get along. listen to what john mccain said about what we need here....
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it is a counter offer to president obama's plan. g.o.p. lawmakers proposed raising $800 billion in revenue from tax reform, not higher tax rates, but the white house immediately slammed the offer and said it won't even consider it, and tonight speaker boehner responds to the white house response saying it's now up to the president to come up with a plan. congressman allen west joins us. good evening. >> how are you doing? >> greta: very well. the white house is unimpressed by the proposal from the speaker and the white house republicans. >> the white house needs to go back and do case studies whe. you look at presidents cool imagidgeand kennedy, they went % down to 24%. kennedy went from 91% down to 71% and they increased revenue. what we're talking about is not what the president of the united states is looking at with wealth redistribution. we're talking about wealth expansion and economic growth and sound economic policies to do that. if you want to continue to believe that 250,000 dollars makes someone rich, you're going to crush these
it is a counter offer to president obama's plan. g.o.p. lawmakers proposed raising $800 billion in revenue from tax reform, not higher tax rates, but the white house immediately slammed the offer and said it won't even consider it, and tonight speaker boehner responds to the white house response saying it's now up to the president to come up with a plan. congressman allen west joins us. good evening. >> how are you doing? >> greta: very well. the white house is unimpressed by the...
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. >> reporter: aides to president obama and speaker boehner met yesterday afternoon. but that meeting ended with no discernible signs of progress. rob and paula? >> thanks, tahman. >>> once the numbers are all tallied, they're going to show that the 2012 presidential election was the most expensive in history. campaign finance statements put the total cost at well above $2 billion. virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by romney during the election's final weeks. >>> and someone who has apparently run his last senate campaign is conservative republican jim demint. he announced yesterday he is leaving the senate on january 1st in order to leave a conse e conservative thinktank. whoever is chosen to lead the south carolina governor, a special election in 2014 to finish out his term. >>> a new twist in the very bizarre case of software pioneer john mcafee. the former fugitive is waking up in a detention cell in guatemala this morning, one day after being hospitalized. mcafee told abc news he suffe
. >> reporter: aides to president obama and speaker boehner met yesterday afternoon. but that meeting ended with no discernible signs of progress. rob and paula? >> thanks, tahman. >>> once the numbers are all tallied, they're going to show that the 2012 presidential election was the most expensive in history. campaign finance statements put the total cost at well above $2 billion. virtually split down the middle between president obama and mitt romney. that includes nearly...
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Nov 30, 2012
11/12
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moments ago, speaker of the house john boehner said this. >> the white house spent three weeks trying to develop a proposal. they call for $1.6 trillion in new taxes. calling for not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount that we would cut. i mean, it is not a serious proposal. so right now we are almost nowhere. megyn: alan colmes and lars larson are with us now. let's just focus on this debt ceiling. the reason we find ourselves about to go off the fiscal cliff with the automatic spending cuts, in part is because back in 2011, they wanted to raise the debt ceiling and the republicans said you cannot do it unless we do spending cuts. we cannot just do deficit spending. so they agree, they cut this deal, now the democrats are going to the republicans and saying, forget that. let's just in the position to get rid of it. what on earth would make them think that republicans would agree to that? >> because the president thinks he has a mandate from the whole country. he thinks he can get anything he wants. i am sure th
moments ago, speaker of the house john boehner said this. >> the white house spent three weeks trying to develop a proposal. they call for $1.6 trillion in new taxes. calling for not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount that we would cut. i mean, it is not a serious proposal. so right now we are almost nowhere. megyn: alan colmes and lars larson are with us now. let's just focus on this debt ceiling. the reason we...
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Dec 6, 2012
12/12
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well, with 25 days to go until the year-end fiscal cliff deadline, president obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next
well, with 25 days to go until the year-end fiscal cliff deadline, president obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the...
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Dec 7, 2012
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president obama and speaker boehner. nobody else. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his message to the public, visiting a local virginia family as a part of his my2k social media campaign, sitting around the kitchen table. he told the family he was optimistic. >> the message that i think we all want to send to members of congress is, this is a solvable problem. the senate has already passed a bill that would make sure the middle-class taxes don't go up next year by a single dime. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >
president obama and speaker boehner. nobody else. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his message to the public, visiting a local virginia family as a part of his my2k social media campaign,...
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Dec 4, 2012
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this after a 90-minute meeting with president obama at the white house this morning where they called for a quick resolution. the governors spoke to reporters at the white house for 15 minutes after that meeting and we'll show you as much as we can until the house gavels in in just a few minutes. >> well, goorn, everybody. i'm jack, the chair of the national governors association, the governor of delaware, joined by governor fallen of oklahoma, she's the vice chair -- governor fallin of oklahoma, she's the vice chair. the governor of arkansas. we are three democrats and three republicans. we just had what i would say was a very good meeting with the president. we came in part to make sure that the voices and the issues that we face as governors in states are heard and considered as part of the discussions going on here in washington. the president was very open to that. said we would continue to have a seat at the table. we talked about some of the issues that we often focus on as gompors. one of those being opportunities for flexibility in terms of some of the programs we partner wit
this after a 90-minute meeting with president obama at the white house this morning where they called for a quick resolution. the governors spoke to reporters at the white house for 15 minutes after that meeting and we'll show you as much as we can until the house gavels in in just a few minutes. >> well, goorn, everybody. i'm jack, the chair of the national governors association, the governor of delaware, joined by governor fallen of oklahoma, she's the vice chair -- governor fallin of...
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and speaker boehner tried to work out last year. and also -- while certainly both sides are saying that specifics are lacking, there is certainly, i think, a feeling from some democrats that maybe it could have been worse. maybe they were expecting something that in their estimation might have been even more towards what republicans would want. >> brianna keilar, thank you. i guess we're supposed to be encouraged that everybody wasn't just giggling over the proposals. rks said they laughed at the white house proposal. >>> let's get to senator johnson, member of the budget committee and the appropriations committee. we appreciate your time this morning. >> morning, soledad. >> you heard brianna's report a moment ago. she said the white house rejected it because they're like, listen, it has to have tax increase on the top 2% or it's a complete no go. would you be willing, in fact, to raise taxes on the top 2% wealthiest americans? >> to meet the case for growth and how it's ten times more effective than just increasing tax rates. few
and speaker boehner tried to work out last year. and also -- while certainly both sides are saying that specifics are lacking, there is certainly, i think, a feeling from some democrats that maybe it could have been worse. maybe they were expecting something that in their estimation might have been even more towards what republicans would want. >> brianna keilar, thank you. i guess we're supposed to be encouraged that everybody wasn't just giggling over the proposals. rks said they...
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is on the side of the 98% and john boehner is on the side of the 2%. the republican party right? i think it is as clear as that. don't the american people see that? >> i think that's why the president is going around the country to put pressure on them because in the end i mean the end, the tax cuts expire and so tax rates go up and the president comes back to congress and says you know, give the tax break back to the middle class and i don't know what republicans are going to do then. they're going to continue to try to fight for the 2%. i don't know. but he's doing it right and he shouldn't see -- he shouldn't seed the ground on that issue. he shouldn't seed it. that was what the election is about. republicans are trying to say well george bush tried that with social security. george bush in '04 didn't talk about privatizing social security. he wouldn't have won. he acted like that was his mandate. he was going to spend his capital for it. this was an election issue. we all were very clear. i was clear in my debates. you don't do more tax cuts for th
is on the side of the 98% and john boehner is on the side of the 2%. the republican party right? i think it is as clear as that. don't the american people see that? >> i think that's why the president is going around the country to put pressure on them because in the end i mean the end, the tax cuts expire and so tax rates go up and the president comes back to congress and says you know, give the tax break back to the middle class and i don't know what republicans are going to do then....
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president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's re-election. as you heard, taxes are the big issue blocking this deal from taking place. president obama is calling for downhill the amount of tax revenue as speaker boehner over the next tens years, most from the nation's top earners. many. republicans say that's not the way to handle this. here is marco rubio. >> it wouldn'ting make a small bent in the debt but it would heard middle class businesses. >> the g.o.p. could be risking a civil war over this issue. it does not look like obama is ready to cave. if that forces republican leaders to compromise staunch conservatives will likely rebel. more "bill press" up after the break. we will be right back. exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in s
president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's re-election. as you heard, taxes are the big issue blocking this deal from taking place. president obama is calling for downhill the...
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Dec 2, 2012
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>> i think right after the election that was the message that even president obama and john boehner and the entire leadership, we saw that incredible image of the minority and majority leaders on both houses come out saying things that sounded like they were going to cooperate. but, you know, only in washington can that mean nothing quickly. but i do think, look, let's put this in perspective. we have a game of chicken going on here with a lot of posturing. there's 30 days to get this done, which for washington time it's like dog years. it's an eternity. one day counts for seven. when they want to get something done, they can get it done. but i think right now you're seeing a lot of public posturing to get the best offer possibly out of the other side. >> l.z.? >> you know, i spent the past couple days out in long beach at the victory fund initiative for lbjt leaders and talked to a lot of members who work in congress as well other congressional aides and ana is right, it's a lot of posturing and a lot of time. to the rest of us american people when we hear, oh, 30 days left, we are thi
>> i think right after the election that was the message that even president obama and john boehner and the entire leadership, we saw that incredible image of the minority and majority leaders on both houses come out saying things that sounded like they were going to cooperate. but, you know, only in washington can that mean nothing quickly. but i do think, look, let's put this in perspective. we have a game of chicken going on here with a lot of posturing. there's 30 days to get this...
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Dec 7, 2012
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word coming in that president obama and john boehner talked on the phone and later on wednesday. what have we learned if anything about that conversation? caller: very little has leaked out on the conversation. we're not sure how long it lasted. it is a sign that maybe even incremental progress has been made this week. host: can we glean anything from who called who identify this phone conversation? when the last time they talk before wednesday afternoon was? host: it has been about one week since they talked. we do not even know, as far as i know, who called the. they really have given us the details on the call. host: we are talking to steven sloan. what is the latest on the two sites? who seems more willing to compromise at this point? caller: we are still a in this game of chicken. both sides have made their offers. neither side appears at the moment close to making new offers or backpedaling on the offers may have made it. we still are in is still made mode right now. we will have to see whether that changes it. host: an article from politico yesterday. what is the latest on
word coming in that president obama and john boehner talked on the phone and later on wednesday. what have we learned if anything about that conversation? caller: very little has leaked out on the conversation. we're not sure how long it lasted. it is a sign that maybe even incremental progress has been made this week. host: can we glean anything from who called who identify this phone conversation? when the last time they talk before wednesday afternoon was? host: it has been about one week...
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the "new york times" reported this morning that boehner and obama -- boehner has requested private negotiations with obama. i don't know what -- i am not sure why that's important at the that you can on the phone privately. they are looking for a way out they have signaled some private openness if they could kick it up to 37% instead of 39% if they get some entitlement savings they could sell. >> the president would get 39-6 for the upper income folks with doing nothing and no entitlement cuts by doing nothing? >> right. >> it would be a deal. you would guess the president would want some sort of package and wouldn't want to go over the cliff. it would be politically and substantively. this is what republican aids say. he has the chance to do something big. if he come our way i am not negotiating this. >> you need to get something in order to do something. we are getting ahead of ourselves. this is the conversation that we have to have. this is the conversation that's the going on all over washington today or at least should be except congress went home. >> we are talking about it. >> exactly.
the "new york times" reported this morning that boehner and obama -- boehner has requested private negotiations with obama. i don't know what -- i am not sure why that's important at the that you can on the phone privately. they are looking for a way out they have signaled some private openness if they could kick it up to 37% instead of 39% if they get some entitlement savings they could sell. >> the president would get 39-6 for the upper income folks with doing nothing and no...
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Dec 7, 2012
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i'll tell you what, norah, i'm encouraged to hear overnight that president obama and speaker boehner have decided they are going to sit down and try to negotiate this out quietly and confidentially. that's the way we used to do it. that's the way ronald reagan did it with tip o'new'neilwe o'neil. back in 1982 or '83. we had private meetings actually in the basement of my home in washington. nobody knew about them. we were free to give and take and put things on the table without fear that would be used politically against us. same thing for the democrats. that's what we need to get back to. we need something in the nature, norah, of a grand bargain, along the lines of the simpson bowles proposal, something that has everything on the table and that cuts spending and increases revenue. and we've got to do it. the country is in extraordinarily bad shape economically. >> secretary baker, do you believe that the republicans should be willing to concede on the question of raising the rates on the wealthy? >> i don't think they should be willing to concede on that any more than the democrat
i'll tell you what, norah, i'm encouraged to hear overnight that president obama and speaker boehner have decided they are going to sit down and try to negotiate this out quietly and confidentially. that's the way we used to do it. that's the way ronald reagan did it with tip o'new'neilwe o'neil. back in 1982 or '83. we had private meetings actually in the basement of my home in washington. nobody knew about them. we were free to give and take and put things on the table without fear that would...
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Nov 30, 2012
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obama is say nothing, i need more. boehner is saying we are further than we have ever been. >> they know where they will meet in the middle. >> dana: i think they are farther apart than ever, actually. >> eric: you do? >> dana: i do. does it show you wouldn't -- >> kimberly: absolutely not. >> kimberly: bolling is the last to leigh the building and first to enter. maybe he doesn't leave at all. >> screaming headlines on fox news.com. this is not a game. clearly frustrated. you must be good in chess. you two steps ahead of everybody, what you just diagnosed. i manual you're good. the president is also playing -- >> bob: can suck up. >> brian: i usually wait for the breaks. but i just do things that threw me a little bit. the president would not go to hawaii if the deal is not done. he has the deal. that the republicans will sign. >> dana: if they were able to go, the east wing said we are going to hawaii, you bet ber ready. get the back pack. i think there is so much planning that has to be done. if you take the white h
obama is say nothing, i need more. boehner is saying we are further than we have ever been. >> they know where they will meet in the middle. >> dana: i think they are farther apart than ever, actually. >> eric: you do? >> dana: i do. does it show you wouldn't -- >> kimberly: absolutely not. >> kimberly: bolling is the last to leigh the building and first to enter. maybe he doesn't leave at all. >> screaming headlines on fox news.com. this is not a game....
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. >> reporter: president obama is looking for $1.6 trillion in new tax revenue over ten years. speaker boehner is offering half of that. there's $600 billion. the speaker says that's not enough. although he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, it means on january 1st, every american will pay more income tax, between 2,000 to $2,200 for the average family. $500 billion in automatic spending cuts will go into effect. half of that at the pentagon. the other half coming in transportation, food safety and research. economists feel if washington can't strike a deal, the economy will fall back into recession and the unemployment rate will shoot up, rob and paula. >> tahman, the clock is ticking in all of this. where do the talks go from here this week? >> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cut
. >> reporter: president obama is looking for $1.6 trillion in new tax revenue over ten years. speaker boehner is offering half of that. there's $600 billion. the speaker says that's not enough. although he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, it means on january 1st, every american will pay more income tax, between 2,000 to $2,200 for the average family. $500 billion in automatic spending cuts will go into effect. half of that at the...
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obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high from october. traditionally in the technical analysis world we have a triple top setting up. those do not hold. i like the trade up towards a test of that october high. >> i'm surprised you don't think the yen is a better trade at the moment. there's a lot of chatter everywhere else about it. >> it's a great point, simon. you know, the boj is doing everything they can to end their 13, 15-year deflationary cycle. my thought on that is you don't get hit by the train you see coming. i feel like the market is so focused on the short yen trade, i think it could work in the short term. you could pair a euro long like i'm talking abo
obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high from october. traditionally in the technical analysis world we have a...
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lori: it must just be a presidential style debate between speaker boehner and president obama. [talking over each other] there is no moderator to follow up. neil: there is probably something to be said to that. having said that, i do not see anything new coming up here. i do worry about a process of creative ways to raise taxes, not as many ways to rein in spending. i do worry about that. it is the same type of language. connell: i guess you could walk away or you could counter with some sort of an offer. neil: the notion that they lost an election and they lost it with consequences, you know, they may have lost the election, but that does not mean they lost their backbone. there are certain things that they should stand for. it does not mask the reality that the president did win and one of the consequences is the american people supporting his view, their taxes should go up on the upper income. that is a given. i think that will happen. bill clinton tried to find a way to balance it out. he was going to cut a lot of investment rates. that, that profumo was enough to help trig
lori: it must just be a presidential style debate between speaker boehner and president obama. [talking over each other] there is no moderator to follow up. neil: there is probably something to be said to that. having said that, i do not see anything new coming up here. i do worry about a process of creative ways to raise taxes, not as many ways to rein in spending. i do worry about that. it is the same type of language. connell: i guess you could walk away or you could counter with some sort...
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Dec 7, 2012
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president obama and house speaker boehner one-on-one in the fight over the fiscal cliff. we take the plunge in 25 days now. that means devastating tax hikes and spending cuts take hold at the start of the new year. congress breaks for the holidays in seven days. but democrats and republicans may be making headway. house speaker john boehner asked democratic leaders in the house and senate to get out of the way so he and the president can negotiate a deal alone. everyone seems to be on board. paul steinhauser is live in washington. nice to see you. new polls. what do americans want to see in a fiscal cliff deal? >> the polls are at these num, the big sticking points, should taxes be raised on those making over $250,000 a taxes would be raised if there's no deal to avert the fiscal cliff. yesterday as you said, the president was in northern virginia meeting with a middle class family who would suffer if there was no deal. last week the president went to suburban philadelphia, to a small business again to make the point of his side in these fiscal cliff negotiations. differe
president obama and house speaker boehner one-on-one in the fight over the fiscal cliff. we take the plunge in 25 days now. that means devastating tax hikes and spending cuts take hold at the start of the new year. congress breaks for the holidays in seven days. but democrats and republicans may be making headway. house speaker john boehner asked democratic leaders in the house and senate to get out of the way so he and the president can negotiate a deal alone. everyone seems to be on board....
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Dec 5, 2012
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people trying to enter the middle class. >> stephanie: the president on boehner. >> obama: speaker boehner and i speak frequently. i think the issue -- >> when will the two of you sit down in a room? >> obama: i don't think that the issue right now has to do with sitting in a room. >> stephanie: oh please, how many times do you think that boehner drunk dials the president? i'm so flabbergasted! >> get off the phone! >> john, put the phone down. >> stephanie: he drunk dials him. >> john, get away from the phone. we're not going to let you do this. john, stop it. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. [farting sound] >> stephanie: it is -- >> it is not a secret. we can't say it in public or we'll get run out of town. >> stephanie: harry reid again. >> arithmetic. you can't get from here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. it is arithmetic. >> a little animated th
people trying to enter the middle class. >> stephanie: the president on boehner. >> obama: speaker boehner and i speak frequently. i think the issue -- >> when will the two of you sit down in a room? >> obama: i don't think that the issue right now has to do with sitting in a room. >> stephanie: oh please, how many times do you think that boehner drunk dials the president? i'm so flabbergasted! >> get off the phone! >> john, put the phone down. >>...
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Dec 4, 2012
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what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find themselves on the verge of collapse. so that's not a realistic option. >> reporter: but the president didn't say all this to speaker boehner. he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> i know that the president wants a deal and he didn't try to handicap it. >> reporter: earlier this week, he told so-called middle class
what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find...
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where president obama will have inauguration in a couple of weeks. from the speaker bearing brooks brother to devil wears prada. anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the magazine. what do you think? quid pro quo? >> dana: yeah, i do. she is an accomplished woman. if you have a movie made that says you're the devil you'v youe something. >> greg: they made one for you. >> dana: i'll reserve comment whether she deserves it and would be a good ambassador. we talked about this eight months ago with a big event here. someone slipped it out she would love to be the u.k. ambassador. i think it could happen. >> andrea: do you think it's real or her floating her own name for job? >> greg: i would like to send her away. england sent us victoria beckham. s
where president obama will have inauguration in a couple of weeks. from the speaker bearing brooks brother to devil wears prada. anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the...
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speaker boehner is ready today. let's get the job done. >> all right. congresswoman kathy mcmorris rodgers. thank you for coming on the show. come back, glad you're there in the negotiations talking to everybody. >> eugene robinson, final thoughts this block? >> well, you know, actually congress and the president have agreed on a huge deficit reduction package. it's called the fiscal cliff. so, you know, in my darker moments, i think we're going over it, and what if we went over it and the world didn't end? that would be kind of interesting. we'd take a big bite out of the deficit and everybody's taxes would go up, but i think the sun would come up tomorrow. >> huh. >> we may find out. >> okay, little orphan annie. >> so, gene, do you think right now that's you advise the president to do if the republicans don't come forward with more specifics? >> if i'm advising the president right now i'm advising him to wait a while. and that maybe when we get closer to the date, the calendar will concentrate the minds of many people in washington and a conversation
speaker boehner is ready today. let's get the job done. >> all right. congresswoman kathy mcmorris rodgers. thank you for coming on the show. come back, glad you're there in the negotiations talking to everybody. >> eugene robinson, final thoughts this block? >> well, you know, actually congress and the president have agreed on a huge deficit reduction package. it's called the fiscal cliff. so, you know, in my darker moments, i think we're going over it, and what if we went...
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bottom line, they're going to have to get together, john boehner and president obama and work this out together. that's the only way, craig. >> mike viqueira i love us when y you. >>> republicans want specific cuts laid out in exchange for tax increases. today's "wall street journal" features an interview with mitch mcconnell providing some fresh clearly on a plan that he would like to see emerge telling the paper that he'd agree to hire medicare premiums for the wealthy and increase in the medicare eligibility age and slowing costs of living increases for social security. let's dig in now with molly ball, national political reporter for "atlantic" and also lynn sweet, washington bureau chief of "chicago sun-times." ladies, good afternoon. >> hello to you. >> molly, senator dick durbin saying right here on tuesday on "morning joe" that he could see $400 billion, at least $400 billion in entitlement cuts. is that going to be as hard of a sell to the left as raising rates will be to the right? >> in a word, yes. there are a lot of democratic groups right now really pushing for no changes
bottom line, they're going to have to get together, john boehner and president obama and work this out together. that's the only way, craig. >> mike viqueira i love us when y you. >>> republicans want specific cuts laid out in exchange for tax increases. today's "wall street journal" features an interview with mitch mcconnell providing some fresh clearly on a plan that he would like to see emerge telling the paper that he'd agree to hire medicare premiums for the...
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Dec 3, 2012
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john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal by christmas. the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. timothy geithner was on the hill last week to present the president's plan to congress. >> i was flabbergasted. >> reporter: president obama w
john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home...
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a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car about a year ago at least 37 of them deciding to buy the cars. that was an option. they have been using them when the state sold them. first they had all the cars repaired and maintained at state expense. $78,000 worth of work. >> as a taxpayer, you know, it's my money going to it so it's frustrating. >> doesn't sound fair. we work really hard for our money. >> we do. but a source in the legislature says the work was worth it. the state got more money when it sold the cars that were not bought by the lawmakers but had the repairs done. they got more money for those cars. so i guess it evens out. >>> same-sex marr
a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car...
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Dec 6, 2012
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president obama, house speaker john boehner breaking the ice. >> that's good news, right? >> the two leaders discussing the fiscal cliff by telephone yesterday. no word of significant progress with just 26 days remaining to get a deal done. but there are signs of compromise. oak e oklahoma's republican senator breaking ranks, saying he's okay with raising taxes on the rich. >>> two seizures off the coast of the dominican republic last month, authorities recovering more than 50 bails of coke. it is weighing close to two tons. the drugs had a street value of $45 million. it will now be destroyed. >> are you losing your keys or misplacing your wallet. >> yes. >> there may be a quarter-sized blue tooth enabled button to communicate with a smart phone. >> sneakers, that's hysterical. >> the app will have a radar feature if they're getting warmer or colder. >> my blackberry charger. that's what i need it for. >> it just has to tell you where it is. >>> a sticky situation on a highway. in new hampshire, a tractor-trailer loaded with a cargo of maple syrup overturned on the inters
president obama, house speaker john boehner breaking the ice. >> that's good news, right? >> the two leaders discussing the fiscal cliff by telephone yesterday. no word of significant progress with just 26 days remaining to get a deal done. but there are signs of compromise. oak e oklahoma's republican senator breaking ranks, saying he's okay with raising taxes on the rich. >>> two seizures off the coast of the dominican republic last month, authorities recovering more than...
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what's fascinating is boehner is in exactly the same position that obama was in the lame-duck session in 2010. where a lot of the left was like when they were talking about extending the bush tax cuts. a lot of the left was saying -- even some centrist democrats were mad at the president because he was going to make that compromised deal. they were saying republicans won the election. and if we don't do this deal now, we're going to get a worse deal in january or february. that's the reality. we don't like this deal, but it will be worse for us two months from now. do you guys see that? there's no end game that's better for you, left. and in the end, the left, with the help of clinton convincing making that case, too, the democratic left backed down. president obama made that deal. boehner is going to be making a similar argument internally in his caucus now, which is just the reality of i get what you ran on, and i get that your politics are anti-tax, but if we don't make this deal today, it's going to be worse in january or february from your point of view. we're going to get a wors
what's fascinating is boehner is in exactly the same position that obama was in the lame-duck session in 2010. where a lot of the left was like when they were talking about extending the bush tax cuts. a lot of the left was saying -- even some centrist democrats were mad at the president because he was going to make that compromised deal. they were saying republicans won the election. and if we don't do this deal now, we're going to get a worse deal in january or february. that's the reality....
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. >> stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we have said it. we've said it. we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to a congressional republican aides who have talked to "the wall street journal," they obtained a copy of the white house prover here in the negotiations. >> do you have faith in any of them to rise above? >> would it be okay to go over? >> we will rise above. >> eamon javers joins us live from washington. they seem farther apart than ever before. the dow is above 13,000 for the first time in several weeks. do you think the markets are reading comments correctly? >> i do think markets have gotten it wrong a lot this week. they have been reacting strongly to things that are boilerplate information and basic statements from congress that we hear all the time and mar
. >> stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we have said it. we've said it. we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to a congressional republican...
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obama to come up with a new proposal. vice president joe biden says a deal could be done in 15 minutes. all this comes as the government announces a gain of 146,000 jobs in the month of november. the unemployment rate fell to 7.7%. that is the lowest in four years but that was mostly due to people who stopped looking for work. both sides agree the u.s. does not want to follow down the path of greece. what is to blame there? too much austerity or too much taxation? we'll look at the problems inside his own party, for speaker boehner. it's friday. that means the lightning round with the panel. "special report" from washington starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> bob: kay. there is music for you. on december 3 last year, 16-year-old tyler alfred from oklahoma was driving under the influence and crashed his pickup truck killing his passenger and friend 16-year-old john luke. he pleaded guilty to first degree man slaughter in august. in the muskogee county -- it's oklahoma, district judge mik
obama to come up with a new proposal. vice president joe biden says a deal could be done in 15 minutes. all this comes as the government announces a gain of 146,000 jobs in the month of november. the unemployment rate fell to 7.7%. that is the lowest in four years but that was mostly due to people who stopped looking for work. both sides agree the u.s. does not want to follow down the path of greece. what is to blame there? too much austerity or too much taxation? we'll look at the problems...
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boehner needs to paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage? no it's him holding the entire country hostage and our kids hostage, with his krin call refuse ool to enter the entitlement reform game. >> wow, he is really bad. >> stephanie: yeah i can see why he didn't get the radio show. >> sheky. >> stephanie: that was so merrill osmond. >> merrill was kind of the leader. >> stephanie: i dove donnie. steve doocy. >> europe is great because they have wonderful food and runny cheeses, but we shouldn't base our policies on theirs because they are stinkers. >> we should base it on singapore where they have no unemployment, and they have a competitive market. that protects workers. >> stephanie: we should be like singapore? >> oh my god. holy crap. he is a bigger idiot than i thought. he is not even trying to hide what a douche bag he is. >> stephanie: okay. bill o'reilly. really? is this his whole december? >> there is no doubt that your day you christian tradition in this country is under att
boehner needs to paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage? no it's him holding the entire country hostage and our kids hostage, with his krin call refuse ool to enter the entitlement reform game. >> wow, he is really bad. >> stephanie: yeah i can see why he didn't get the radio show. >> sheky. >> stephanie: that was so merrill osmond. >> merrill was kind of the leader. >> stephanie: i...
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so in that respect, doesn't this seem just a little too bold and certainly not like the obama of the last term. >> well, that's music to my ears because i think john boehner got the better of the president, frankly, speaker boehner, in the last negotiations that they had in 2011, and it suggests that the president, he does, he has the wind at his back. the piece that's sticking right now should be the easiest, which is locking in 98% of the bush tax cuts. this was something mary worked hard on, people like me opposed them, democrats hated those bush tax cuts. now the president is willing to enshrine 98% of those tax cuts and the republicans can't take yes for an answer because they are not really fighting for lower taxes. they're fighting for the upper 2% of income earners and that's a losing proposition. 70% of americans think those of us who are blessed and are upper income americans ought to pay a little bit more. >> so mary, why doesn't that make sense? shouldn't the winner come in as paul said with the wind at his back. he does have a mandate. >> he does not have a mandate. peop
so in that respect, doesn't this seem just a little too bold and certainly not like the obama of the last term. >> well, that's music to my ears because i think john boehner got the better of the president, frankly, speaker boehner, in the last negotiations that they had in 2011, and it suggests that the president, he does, he has the wind at his back. the piece that's sticking right now should be the easiest, which is locking in 98% of the bush tax cuts. this was something mary worked...
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Nov 29, 2012
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he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense to crazy tea party, he was outraged by his suggestion. >> you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> but that didn't stop congressman cole from going on hardball today continuing to sell the idea of making peace with the president for the sake of 98% of american taxpayers. >> if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, i think that is a point we should agree op. >> tom cole also made it clear he is still a boehner loyalist. >> i fully support him. what he's trying to achieve, which is no rate increase, but try and meet the president partway on revenue. i support that. i suspect he'll negotiate a good deal. at the end of the day, he'll come
he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense to crazy tea party, he was outraged by his suggestion. >> you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> but...